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RESTRUCTURING COSTS
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
RESTRUCTURING COSTS RESTRUCTURING COSTS
The Company incurs costs associated with restructuring initiatives intended to improve operating performance, profitability and working capital levels. Actions associated with these initiatives may include improving productivity, workforce reductions and the consolidation of facilities. Due to the size, nature and frequency of these discrete plans, they are fundamentally different from the Company's ongoing productivity actions.

The Company recorded net pre-tax restructuring costs for new and ongoing restructuring initiatives as follows:

Three Months Ended
 June 30,		Six Months Ended
June 30,
(In millions)2025202420252024
Climate Solutions Americas$1 $2 $4 $1 
Climate Solutions Europe26 17 26 27 
Climate Solutions Asia Pacific, Middle East & Africa7 6 8 4 
Climate Solutions Transportation1 1 2 1 
Total Segment35 26 40 33 
Corporate and other12 3 15 4 
Total restructuring costs (1)
$47 $29 $55 $37 
Cost of sales$8 $13 $10 $21 
Selling, general and administrative39 16 45 16 
Total restructuring costs (1)
$47 $29 $55 $37 
(1) Restructuring costs include period-related charges.

The following table summarizes changes in the restructuring reserve, included in Accrued liabilities on the accompanying Unaudited Condensed Consolidated Balance Sheet:

Six Months Ended
June 30,
(In millions)20252024
Balance as of January 1,$69 $41 
Net pre-tax restructuring costs44 34 
Acquisitions— 8 
Utilization, foreign exchange and other(37)(32)
Balance as of June 30,$76 $51 

As of June 30, 2025, the Company had $76 million accrued for costs associated with its announced restructuring initiatives. The balance relates to cost reduction efforts, primarily severance related across each of the Company's segments. The Company expects a majority of the balance to be utilized within one year.